The UK government has praised Cambridge real time location solutions company Ubisense for continuing to find fresh frontiers for its technology.And it has urged more businesses to follow the 10-year-old company’s example.
Lord Stephen Green, Minister of State for Trade and Investment, sent a ringing endorsement of the company’s progress to a Cambridge ceremony where Ubisense received two Queen’s Awards – for innovation and international trade.
Lord Green said: “Ubisense is a great example of an innovative British company succeeding on the international stage. I'm delighted that it has been awarded two well deserved Queen's Awards for Enterprise.
“The company already sells its products to 40 countries, which is great news for Britain. Encouraging more UK companies to export is a key plank in the Government's plan for growth.”
Staff and family along with leading figures in the Cambridge business community attended a celebration at the Fitzwilliam Museum.
Chairman Andy Hopper said the rise of Ubisense to a world-leading position – on target to become Cambridge’s next £1 billion business – was a case of a classic Cambridge collaboration.
One team was working in the university’s Computer Lab while another was beavering away on similar technology on the other side of town – at Smallworld.
The teams got on well, “got engaged and eventually married,” according to Professor Hopper. The issue of the marriage is there for all to see with 200 staff now employed worldwide.
The company is still hiring and this week celebrated the latest in a long line of automotive sector contracts with Hyundai Kia, the Korean carmaker.
Professor Hopper said there was no limit to what Ubisense could achieve. He said there were deals awaiting Ubisense wherever in the world manufacturing was done and companies needed to keep track of people and assets.